The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.

Oracle on Tuesday predicted that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs.

The cloud and AI specialist beat expectations and increased its guidance for next fiscal year.

Add Yahoo as a preferred source to see more of our stories on Google. For more than a year, the company behind the largest private economic development project in the region’s history hid behind an ...

KENNEWICK — For more than a year, the company behind the largest private economic development project in the region’s history hid behind an alias. No longer. Amazon Data Services is the company behind ...

Shares of DTE Energy gave back gains Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, ...